• Home
  • >>
  • Sourcing
  • >>
  • e-Sourcing: Automating the RFP, RFI, RFQ Process

Strategic Sourcing: RFP, RFI, RFQ

Run strategic sourcing events like RFPs, RFIs, and RFQs faster and easier than ever before.

Strategic sourcing SORCERY

Real-time Collaboration

Teamwork makes the dream work
Chat with colleagues in real time
Work together in a collaborative planner
Set up dynamic teams and permissions

Vendorful was built on top of a real-time strategic sourcing RFP event template so collaboration isn't just an afterthought. It's in the product's DNA.

Build a team with key stakeholders

Automatic Response Aggregation

Evaluate RFP questionnaire

Kiss copy-and-paste goodbye! 
Automatic aggregation of supplier data
In-browser attachment previews
Apples-to-apples comparisons

Vendorful supports "blind" RFPs to minimize bias and to maximize the integrity of your strategic sourcing process.

Drag-and-Drop RFX Builder

Draft RFPs with a few clicks of your mouse
Load and merge supplier strategy questionnaire templates
Create, weight, and re-order questions
Build tables to gather pricing data

Vendorful makes it easy to run a best practice RFP, whether you're a seasoned procurement pro or new to strategic sourcing.

RFP questionnaire builder

Are there limits on the kinds of sourcing events that I can run in Vendorful?
Vendorful users have used the platform to buy a vast array of products and services, from highly-commoditized direct spend to very complex indirect spend. It is sometimes used in conjunction with the Reverse Auction Template which facilitates pricing negotiations.

Features at a Glance

Supported events: RFP, RFQ, RFI, IFB
Works with existing category management
Custom NDA integration
Terms and conditions
Vendor/Supplier representations
Budget (Current, Projected, Disclosed)
Key dates and scheduling
Calendar synchronization
Attachments and document repository
Collaborate with colleagues
Control stakeholder access
Real-time chat

Collaborative planner
Auto saving
Drag-and-Drop questionnaire builder
RFX Templates and sub-templates
Excel question and table import
Bulk question copy-and-paste
Enable/Disable answer attachments
Dynamic question weighting
Text, single-select, multi-selection questions
Categories and sub-categories
Rich text and rich media (image/video) support
Collaborative questionnaire building

Custom pricing tables
Free vendor/supplier account
Free bidder collaboration
Vendor/Supplier response tracking
Integrated buyer-seller messaging
Blind scoring
Excel export
Detailed evaluation analysis
Vendor/Supplier awards
Post-event budget capture
Executive summary
Search and sort previous sourcing events

Ready to see the magic for yourself?